Since Boardwalk, the only new resorts that have been added are AKL, the Pop Century (which opens next year), and, I believe, the last of the All Star.With Pop Century and All Stars, you have value resorts for which the DVC concept of luxury units does not fit. AKL was conceived, and construction started, at a time when DVC was succeeding but not overwhelmingly. From inception in 1991 to 1999, DVC sales were steady but not rampant. For example, BWV opened in 1996; by about the end of the first quarter of 1999, only 25% of the units had been sold. Then sales took off to the point that BWV sold out in late 2000. (Perhaps the internet and this and other similar sites had a signinficant impact in spreading the word.) In other words, the very high demand that we have seen has existed for only two years; membership has doubled in those two years. As a result, I doubt two years ago Disney was looking at this as something for which it needed to add a lot more quickly, and with no luxury resorts being conceived since then, there has been no opportunity to build the combined resorts except for the addition of DVC to luxury resorts like WL and BC, which essentially accomplishes the same thing. You can only build things so fast; right now they are probably kicking themselves a little for having only VWL built and BCV coming but they got unanticipaterd demand for which they have not been able to keep up -- (these kinds of resorts take two years to build and another a year or more before then on the drawing board and obtaining necessary building permits).
Also, they probably do not assume that today's feverish pace will continue; the floor could drop out quiickly particularly with an extended economic downturn (something for which we are currently at risk). In other words, they are building now based on plans conceived before demand took off; if they react to that demand by planning more, you are still looking at waiting a few years before a resort is built; and they probably are not convinced that the feverish pace will continue.
